City Road, London, EC1V
By Property Inc
£ 1,500,000
Reviews
2 out of 5 stars
Property Inc says ..
Property Inc are proud to bring to the market, this rare opportunity to acquire a substantial freehold building on City Road, a stone throw away from Angel and Old Street Stations. This mixed use property is currently fully tenanted and achieving £94,400 PA. The proper...
Property Oracle says ..
This property on City Road, Islington, is a substantial mixed-use building currently generating rental income. It comprises of a ground floor commercial unit and several residential units above.
The location is a key strength, offering easy access to public transport (Old Street and Angel stations are nearby) and several well-regarded primary schools. City University’s proximity adds further value. The property has the potential to be a profitable investment.
The internal condition is mixed. Some areas appear modern and functional (like the commercial kitchen), while the residential units show a degree of wear and tear in the images provided and may need refurbishment. This could impact the potential rental income and property value. The lack of a garden or significant outside space is a notable limitation.
The asking price reflects the desirability of the London location and mixed-use nature but lacks context without further sales comparable data. More detailed information on the current rental income and future development opportunities would allow for a more comprehensive assessment of its value. There is also potential upside for future development given its location and the existing infrastructure.
Therefore, we give this property 5 / 10. Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.
- Price
- 7
- Condition
- 5
- Location
- 7
- Land
- 1
- Bedrooms
- 8
- Bathrooms
- 0
- Sqft (est)
- 2,683.45
Metrics
- Area value Growth
- 71,897Increased by 12%
- Rental Yield Growth
- 24.57%Decreased by 4.05%
Agent Activity
Property Inc created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Moreland Primary School | Community School | Good | 0.23 KM |
Moreland Children'S Centre | Children's Centre | 0.27 KM | |
Hanover Primary School | Community School | Good | 0.32 KM |
City University | Higher Education Institutions | 0.53 KM | |
Packington Children'S Centre | Children's Centre | 0.65 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
President Street | £ 425,000 | 0 | 0.00 KM |
New Charles Street | £ 0 | 0 | 0.00 KM |
Bollinder Place | £ 0 | 0 | 0.00 KM |
City Road | £ 0 | 0 | 0.00 KM |
Thoresby Street | £ 385,000 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Old Street | 6003 | OLD | 1.16 KM |
Essex Road | 6004 | EXR | 1.20 KM |
Farringdon | 577 | ZFD | 1.36 KM |
Moorgate | 6005 | MOG | 1.64 KM |
Highbury And Islington | 6009 | HHY | 1.90 KM |
Nearby Listings
Address | Price | Score | Distance |
---|---|---|---|
City Road, London, EC1V | £ 1,500,000 | 5 / 10 | 0.00 KM |
City Road, London | £ 750,000 | 6 / 10 | 0.01 KM |
City Road, London | £ 535,000 | 6 / 10 | 0.01 KM |
City Road, Clerkenwell, London, EC1V | £ 600,000 | 6 / 10 | 0.03 KM |
Book House, Islington, London, EC1V | £ 625,000 | Unknown | 0.03 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
2 Haverstock Place | £ 740,000 | 0.08 KM |
11 Haverstock Place | £ 280,000 | 0.08 KM |
10 Haverstock Place | £ 234,500 | 0.08 KM |
9 Haverstock Place | £ 160,000 | 0.08 KM |
1 Haverstock Place | £ 277,000 | 0.08 KM |